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implications of the first decade of the Euro and to extend this understanding forwards to Europe and beyond. …
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the end of Pax Americana and the beginning of something else, possibly a Pax Europea, led by the strength of the euro … performance of these two economic blocs. While the current exchange rate between the US dollar and the euro has been considered a … worried. The strength of the euro is becoming irritating for the Eurozone and, nevertheless, the weakness of the US dollar is …
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euro's fault. As a result, some argued that Greece and eventually other bailed-out member states should abandon the euro … up on supporting them financially, forcing them to abandon the euro anyway. Yet, no such thing has happened. The euro and …
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After the fuzziness in Europe that surrounded the implementation of the excessive deficit procedure foreseen by the Stability and Growth Pact (SGP), the European Union had to restore the credibility of the weakened fiscal rule. The constraint was to keep alive the Treaty of Amsterdam. Indeed, an...
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